Saturday, March 24, 2018

Larry Kudlow Isn’t an Economist, but He Plays One on TV

https://www.thenation.com/article/larry-kudlow-isnt-an-economist-but-he-plays-one-on-tv/
"let’s just note how consistently wrong Kudlow has been over the years. He denied the existence of a housing bubble, even after it collapsed. He touted the “Bush boom” and boasted that there wouldn’t be any recession in December 2007—the month the recession began. Once the downturn was undeniable, Kudlow dismissed it, said it would be mild, predicted the bottom over and over as the economy continued to sink. He recommended buying stocks in September 2008, the month the market lost a substantial amount of its value. Baghdad Bob looks at this guy and thinks he might need to get his facts straight."

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